Good news: Tony Fernandes has the fall back of Premier League parachute payments

Queens Park Rangers know promotion to the Premier League is worth at least £80million to them.

The club are preparing for the most lucrative game in world football as they face Derby in the Championship Play-off Final at Wembley tomorrow.

Reaching the Premier League is more important than ever thanks to the new TV deal, which kicked in this season, and promotion will net Derby at least £120m.

The increase in revenue is lower for QPR because they will continue to receive parachute payments following their relegation last season.

QPR can expect an increase in revenue of at least £40m next season if they go up. Even if they finish bottom of the top-flight, they would bank £62m in prize money and then receive parachute payments of at least £60m over four seasons.

“As a one-off game, it is the most lucrative in world football,” said Adam Bull, senior consultant in the Sports Business Group at Deloitte. “Being in the Premier League is more important than ever. The vast majority of this uplift in revenue will be from broadcast income as the Premier League enters the second year of its greatly enhanced TV deal. There’ll also be increase in matchday income, corporate hospitality and commercial revenue.”

QPR announced losses of £65m last season — the biggest in English football during that campaign. Promotion is crucial for Rangers, who plan to build a 40,000-seat stadium and have been granted planning permission for a new training ground.

Meanwhile, South Korea today denied allowing Yun Suk-young to miss their pre-World Cup training camp so he could play for QPR tomorrow. Under FIFA rules, South Korea have first call on the defender and an official from their FA said: “We never gave QPR permission to keep Yun Suk-young. For the past few days, QPR officials haven’t answered our calls. Coach Redknapp’s comments make no sense at all.”